GK vs. QPX
Compare and contrast key facts about AdvisorShares Gerber Kawasaki ETF (GK) and AdvisorShares Q Dynamic Growth ETF (QPX).
GK and QPX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GK is an actively managed fund by AdvisorShares. It was launched on Jul 2, 2021. QPX is an actively managed fund by AdvisorShares. It was launched on Dec 28, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GK or QPX.
Key characteristics
| GK | QPX | |
|---|---|---|
| YTD Return | 21.46% | 19.51% |
| 1Y Return | 34.19% | 30.75% |
| 3Y Return (Ann) | -7.17% | 6.04% |
| Sharpe Ratio | 1.84 | 2.15 |
| Sortino Ratio | 2.46 | 2.90 |
| Omega Ratio | 1.33 | 1.39 |
| Calmar Ratio | 0.81 | 2.82 |
| Martin Ratio | 8.49 | 11.58 |
| Ulcer Index | 3.90% | 2.59% |
| Daily Std Dev | 17.95% | 13.95% |
| Max Drawdown | -47.72% | -34.75% |
| Current Drawdown | -20.77% | 0.00% |
Correlation
The correlation between GK and QPX is 0.91, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
GK vs. QPX - Performance Comparison
In the year-to-date period, GK achieves a 21.46% return, which is significantly higher than QPX's 19.51% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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GK vs. QPX - Expense Ratio Comparison
GK has a 0.81% expense ratio, which is lower than QPX's 1.46% expense ratio.
Risk-Adjusted Performance
GK vs. QPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AdvisorShares Gerber Kawasaki ETF (GK) and AdvisorShares Q Dynamic Growth ETF (QPX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
GK vs. QPX - Dividend Comparison
GK's dividend yield for the trailing twelve months is around 0.11%, while QPX has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
GK AdvisorShares Gerber Kawasaki ETF | 0.11% | 0.13% | 1.30% | 0.04% |
QPX AdvisorShares Q Dynamic Growth ETF | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
GK vs. QPX - Drawdown Comparison
The maximum GK drawdown since its inception was -47.72%, which is greater than QPX's maximum drawdown of -34.75%. Use the drawdown chart below to compare losses from any high point for GK and QPX. For additional features, visit the drawdowns tool.
Volatility
GK vs. QPX - Volatility Comparison
AdvisorShares Gerber Kawasaki ETF (GK) has a higher volatility of 4.90% compared to AdvisorShares Q Dynamic Growth ETF (QPX) at 3.71%. This indicates that GK's price experiences larger fluctuations and is considered to be riskier than QPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.